Moniepoint Agent Loan

Are you looking for Moniepoint Agent Loan? Or you need guidelines on how to Access Moniepoint Loan without any Collecteral? If yes, you’re at the right place.

Dear Moniestars we are pleased to inform you that the Moniepoint Merchant Float is now live and accessible to all Moniepoint merchants.

You can now enjoy instant loans on-the-go, to help meet your immediate business needs.


To qualify and get access to Moniepoint loans, you need to meet up the requirements below;

  • Be active with Moniepoint for at least 3 months with a weekly average withdrawal of at least ₦100,000 for the week.
  • Be an agent manager and complete your KYC.

How to apply for Moniepoint Agent Loan

To access Moniepoint loans, simply follow the step by step guidelines below;

  • Visit Moniepoint web application Portal via
  • Login using your Moniepoint Username and Password
  • Click on Outlet Manager and Continue
  • Scroll down, you will see Advised Loan amount.
  • Click on Apply for a Loan
  • Enjoy loans built just for you.
  • The more withdrawal transactions you make, the bigger your loan limit.

Moniepoint Agent Loan Interest

The Moniepoint Merchant loan Interest rate on every loan is 0.3% after every 24 hours, 0.0125 hourly.

Note, if you pay before 24 hours you save yourself money. For instance you collect float 6am. And use till 6pm.

However, please be informed that the group loans is on hold for now. Agents can apply for loans individually via their agent manager profiles.

You also need a group of about 5 trusted persons in the MONIEPOINT agency banking family that can hold each other accountable. It doesn’t matter if the person is here or in Rivers state.

For agents who are getting the Group Loans prompt on their agent manager profiles, please clear browser cache and try logging in afresh, but if the group loans icon persists, please do not be alarmed, the view will be removed eventually.

Merchant Float – Loans built just for you

Moniepoint Agent Loan Frequently Asked Questions (FAQs)

How are Merchant Float Loan Amounts Calculated?

The loan amount is calculated based on your withdrawal performance within the last 7 days.

Can I Lose Access to My Loan?

If you do not perform up to the loan requirements you will lose access to the approved loan limit

Who Approves Merchant Float Loan Requests?

Aggregator, Super Aggregator and Risk Officers at the Moniepoint HQ.

What are the Interest Payments Calculations?

A compounded interest of 0.0125% hourly against the most negative balance within an hour.

What are Default and Recovery States? What Happens in these States?

If you do not pay back your loan within 24 hours of approval and collection, the loan taken goes into a default state.

A restriction is then placed on the loan account and funds are swept into the loan account in an attempt to collect repayment.

If you do not pay back in another 24 hours, the loan goes into recovery and all accounts

Get a loan today and enjoy amazing benefits.

Moniepoint! Your reliable agency banking.

If you need us to help you with more updated information about Moniepoint Agent Loankindly feel free to ask any question in the comment box below. You can also provide us your phone number or email Address for more updates.